Our workforce faces difficult financial situations between paydays. The financial stress of unexpected expenses is causing employees to be less productive, make more mistakes, and quit work to find opportunities that will pay quicker.
ImmediatePay offers a debt-free solution to this issue: employee access to responsible earned pay.
Reduce turnover
Companies who offer Immediate have seen up to 40% reduction in turnover
Responsible access
We offer thoughtful and reasonable access for unexpected expenses
It’s free to offer
From implementation to launch (and beyond) is completely free of charge
Automatic verifications and updates
Employees clock out as usual and HR software updates with hours worked. ImmediatePay automatically verifies hours and posts available earnings in the app for employees to see.
Transfers are delivered to their preferred bank account. We’re reimbursed via payroll each pay period, so there’s no need to worry about repayment.
Frequently asked questions
What is Immediate?
Immediate is a financial wellness solution delivering responsible access to earned pay.
How does Immediate work?
Through HR software integrations, Immediate receives real time updates of hours worked and wages earned, which we display within the Immediate app. Users then select how much of their earnings they would like to receive and transfer to an account of their choice.
How do my employees sign up?
Once you have signed up for Immediate, your employees will receive a registration email and registration code to use when downloading the app.
Does Immediate have APR?
Immediate is not a loan, nor does it offer credit or have a payback period. Due to our HR software integrations, we confirm your hours worked and wages earned and simply charge a small fee to access your wages early (similar to an ATM fee).
What does Immediate cost my business?
Immediate is free for employers and works in coordination with your current HR workflow, so there is no need for any process change.
Will Immediate impact my payroll process?
Immediate will not change your company’s current payroll process; we work in coordination with your current schedule and workflow.
Do I have to sign a long-term contract?
We do not lock our employer partners into long term contracts and can turn off access to our services with proper notice.
Is Immediate secure?
Yes, all personal data is encrypted at-rest and in-transit to process any transaction.
How will my employees be trained to use Immediate?
Immediate provides a series of training materials, including online and print tutorials, to ensure your employees fully understand how to utilize Immediate.